Fraud stories
Boards are being urged to fix data quality, fraud controls and infrastructure before AI adoption numbers start to matter.
Nearly half of commerce traffic across Akamai's network came from AI bots by late 2025, raising fraud and DDoS risks for retailers.
Security teams face faster, harder-to-trace intrusions as AI is now being used to write attack code and run deception during breaches.
NFT buyers say they were left without voting rights or team-sale proceeds after paying up to USD $25,000 each for BIG3 tokens.
AI-enabled scams are making it harder for UK and European businesses to win executive backing for staff-focused cyber defences.
Exposed logs show viewers of pirate football streams were steered towards offshore betting sites, raising privacy and fraud risks ahead of the 2026 World Cup.
UK consumers and businesses could benefit as Cifas adds nearly 500 scam signals to a global network aimed at faster takedowns.
Yet most London finance workers still want experienced colleagues to make the final call, especially on risk, compliance and trading decisions.
As AI spreads through core business functions, executives warn weak oversight could expose firms to deepfakes, fraud and costly incidents.
The milestone underscores rising demand for online borrowing as 40% of applications came outside normal banking hours, Fig said.
Payment disruptions are worsening customer experience at utilities and telecoms firms, with 99% of respondents reporting some form of issue.
Payment providers risk losing sales as four in ten UK shoppers abandon purchases when security checks delay or fail at checkout.
The name-checking service is now helping avert scam losses and mistaken payments, with more than 150 million checks completed in its first year.
About 11 million UK adults could use autonomous AI for money management, raising fresh concerns over fraud, control and market concentration.
Stressful milestones like buying a home or job hunting are leaving Australians most exposed to scams, a TrendLife study found.
Small businesses face rising scam losses and AI-driven fraud as the association urges mandatory reporting and tougher platform obligations.
Consumers could gain stronger protections and easier data sharing as Ottawa opens consultations on bank fraud and open-banking rules.
Automated graph-based checks saved Curve about USD $12 million in fraud losses in 2025 as it mapped linked accounts, devices and cards.
Customers using instant and cross-border payments will gain real-time fraud checks as the firms seek to curb risk across faster money flows.
Nearly six in ten Londoners have seen more scam attempts in the past year, with social media fraud and AI-made ruses fuelling concern.
.webp)
